Tags: In recent years were not easy: negative macroeconomic growth has caused massive unemployment, as high as 12-15% in some states. Many homeowners ended with negative equity in their homes because more than their homes are worth. While individuals with savings set aside and credit scores were first able to navigate though this financial storm, people [...]
Archive for December, 2009
December 11th, 2009
purchasing mortgage-backed securities
As of March 31, 2010, the Federal Reserve has stopped the policy of purchasing mortgage-backed securities. The reason the Fed has implemented this policy in the first place was to help keep mortgage rates low while, in effect, subsidize the housing market and to provide capital to banks in difficulty as well as investors.
December 9th, 2009
real estate market
When the talk of investment, retirement, and just finding ways to make money, real estate is an idea that always seems to find its way into the talk. Rightly, real estate is a sound investment in more ways than just the potential growth in value, and many who do not like the volatility of equity [...]
